TradeRush has now added in a new feature to its platform, it’s called the ‘dynamic one touch’. You may be familiar with this type of option if you have traded on 24option’s platform. It’s a very nice addition to a spot option platform and it’s one that I hope all the rest of the platforms will adopt soon.
The way it works is fairly simple, you will click your preferred asset for example the EUR/USD and then choose if you believe the asset will ‘touch’ or ‘not touch’. From this point a line is drawn on the charts with a specific level. If you have chosen a touch the price simply needs to touch that level before the end of the expiry time. It’s the same deal with ‘not touch’, price must not hit that level before the end of the expiry time.
It’s a very nice way to trade, especially during news or high momentum times as you can often cash in and win your trade in seconds. So if you haven’t yet, check it out. Here is a few screenshots of how to get to it in the platform, it’s a little bit hidden.